Strategies to Decrease Overhead & Increase Net Profit (w/Dr. B. Chvatal, M. Sawtelle, & P. Gange Jr.) [Ep.81]

In this episode of the Doc Podcast, host Dr. Mike DeLuke delves into the crucial topic of optimizing profitability in orthodontic practices. Joined by a distinguished panel of guests—Mary Sawtelle, Dr. Brad Chvatal, and Paul Gange, Jr.—they discuss strategies for controlling overhead costs and increasing net income.

Topics include effective inventory management, the importance of efficient bonding protocols, and the role of leadership and team culture in driving practice success. This comprehensive discussion is a must-listen for practitioners looking to improve their bottom line while maintaining high-quality patient care. Tune in for actionable insights and expert advice!

00:26 Today's Topic: Money and Net Profit
00:51 Meet the Expert Panel
01:38 Understanding Practice Profit
02:45 The Importance of Efficient Ordering Systems
03:57 Strategies to Decrease Overhead
04:47 Welcoming the Guests
06:02 Focusing on Overhead vs. Production
07:45 Delegating and Organizing for Efficiency
09:48 The Role of Protocols in Reducing Overhead
15:14 Bonding Protocols and Reducing Failures
41:25 Understanding Bond Failure Rates
42:51 The Importance of Timing in Etching
43:21 Analyzing Office Practices and Training
45:18 Amtouch Dental Supply: A Trusted Partner
46:08 Strategies for Improving Practice Efficiency
49:44 The Role of Leadership in Practice Management
53:55 Hiring and Training for Success
01:20:02 Reducing Variables for Better Outcomes
01:20:49 Final Thoughts and Contact Information

SPECIAL THANKS TO OUR SPONSORS:
Allure Ortho: https://www.allureortho.com/

AmTouch Dental Supply: https://www.amtouch.com/

Ulab: https://www.ulabsystems.com/

LINKS:
-Brad: Czechmate (https://czechmateconsulting.com/); Practice Website (https://www.eugenebraces.com/)
-Mari: Mari’s List (https://marislist.com/)
-Paul: Reliance Orthodontics (https://www.relianceorthodontics.com/)
-Espresso Maker:
https://www.ebay.com/itm/167091011520?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=dfsX1ujXRXS&sssrc=2047675&ssuid=8mPfObcnTnW&widget_ver=artemis&media=COPY
Here's the link on Amazon:
https://a.co/d/9Ut0uF3

What is The DOC Podcast?

The DOC Podcast brings you unique educational content taught by Dr. Mike DeLuke, a Board Certified Orthodontist with over 20 years of clinical and academic experience. Dr. DeLuke built his orthodontic practice from scratch in the early 2000s and grew it into a multimillion-dollar enterprise in less than 10 years. He was able to retire from private practice at the age of 46 years old, and now devotes his energy to teaching his colleagues how to succeed both personally and professionally.

Dr. DeLuke has served as a faculty member at numerous hospitals and orthodontic residency programs around the country, including as the cleft craniofacial orthodontist at Albany Medical Center in New York, and as a clinical professor at The University of Connecticut in the Department of Orthodontics. He is presently an adjunct professor at Nova Southeastern University in the Department of Orthodontics.

The DOC Podcast will bring you in-depth discussions and interviews with industry leaders and experts on a variety of topics including clinical excellence, practice management, finance and wealth creation, health and wellness, taxes and accounting, fitness, and much more!